Legislative Reference Library of Texas About the library Site Index
Legislative Reference Library of Texas
your partner in legislative research
Legislative Reference Library of Texas
your partner in legislative research

LRL Home - Committees - Committee overview


House Committee on Investments and Financial Services - 85th R.S. (2017)

Committee Members
Tan Parker, Chair
Phil Stephenson, Vice Chair
Dustin Burrows
Jay Dean
Justin Holland
Eric Johnson
Oscar Longoria
Charges
• Review the impact of Hurricane Harvey on financial institutions in Texas and evaluate the response of the state's oversight agencies. Study how Harvey impacted consumers and lenders in the mortgage and home equity markets. Identify opportunities to improve the operational stability of financial institutions and to improve the state's responsiveness following a natural disaster.
• Study the impact and risks that a large-scale security breach of a credit bureau has on Texans. Identify opportunities to protect Texas consumers and to mitigate the impact of such a breach.
• Examine mortgage licensure requirements in Texas and identify opportunities to update statute to fit modern mortgage options.
• Study policy challenges in the area of financial technology. Evaluate the concept of a "sandbox" as a regulatory approach for enabling innovation and the feasibility of implementing such in Texas. If appropriate, make recommendations for possible legislative action to foster innovation in the finance industry.
• Monitor the agencies and programs under the Committee’s jurisdiction and oversee the implementation of relevant legislation passed by the 85th Legislature.

Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.